Is your income high enough to owe two extra taxes?
High-income taxpayers face two special taxes — a 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax on wage and self-employment income. Here’s >>
Author: Sabrina White
Evaluating an ESOP from a succession planning perspective
If you’ve been in business for a while, you’ve probably considered many different employee benefits. One option that might have crossed your desk is an employee >>
Taxpayers who operate a business can generally deduct business-related costs on their income tax returns.
Taxpayers who operate a business can generally deduct business-related costs on their income tax returns. But they must keep thorough, contemporaneous records proving that the deductions >>
If you’re hiring, take a look at veterans
Despite widespread fears of recession in recent months, hiring remains strong in the United States. Employers added 528,000 jobs in July 2022 and many organizations seeking >>
Provide employee parking? Here’s what the IRS wants to know
Many offices, plants and other business facilities are once again filled with real, live people. And those hard-working employees need somewhere to park. If your company >>
Congratulations Brenda Peyton, CPP!
JCCS is proud to announce that Brenda Peyton, CPP is our newest Shareholder. Brenda has been with JCCS since 2000. She received her Associate degree in >>
Weathering the storm of rising inflation
Like a slowly gathering storm, inflation has gone from dark clouds on the horizon to a noticeable downpour on both the U.S. and global economies. Is >>
Congratulations Marija Berney, CPA!
JCCS is proud to announce that Marija Berney, CPA is our newest Shareholder. Marija has been with JCCS since 2010. She received her BS in International >>
Donating property to a qualified nonprofit may result in a tax deduction if you follow the rules.
Donating property to a qualified nonprofit may result in a tax deduction if you follow the rules. Get a written receipt when you donate. For property >>
How inflation could affect your financial statements
Business owners and investors are understandably concerned about skyrocketing inflation. Over the last year, consumer prices have increased 8.3%, according to the latest data from the >>
